Education
About Us
Working with TipRanks
Follow Us
Ralph Lauren Corp (RL)
NYSE:RL
Earnings Data
Report Date
May 21, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
2.47Last Year’s EPS
2.27Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operating momentum: revenue growth exceeded expectations (10% in Q3), margins expanded significantly (gross margin +140 bps; operating margin +200 bps), AUR accelerated (18%), and the company raised FY26 guidance while generating robust cash flow and adding millions of new customers. Near-term headwinds—primarily tariff-related cost pressure, Q4 transitional timing shifts, strategic reductions in off-price wholesale, and higher marketing spend—are expected to weigh on margins in the immediate term. However, management framed these as tactical choices in support of a multi-year brand elevation plan and expects margin expansion across the plan horizon.Company Guidance
Total Company Revenue Growth Above Expectations
Third quarter constant-currency revenue grew 10%, above the mid-single-digit outlook, driven by broad-based performance across geographies, channels, and product categories.
Regional Outperformance — Asia & China Leading
Asia sales increased 22% in Q3 with China up more than 30%, outpacing company guidance and supported by strong events (Singles' Day, Golden Week), Douyin expansion, and local campaigns.
Retail Comp and Digital Momentum
Total company retail comps increased 9%; digital ecosystem (own sites + wholesale digital) grew mid-teens, reflecting balanced strength between brick-and-mortar and digital channels.
Strong Margin Expansion and Profitability
Adjusted gross margin expanded 140 basis points to 69.8%; adjusted operating margin expanded 200 basis points to 20.7%; operating profit increased 21% year-over-year.
Average Unit Retail (AUR) Acceleration
AUR grew 18% in the quarter (well ahead of guidance), driven primarily by reduced discounting, favorable channel/product mix, targeted pricing, and strong full-price sell-throughs.
Customer Acquisition and Engagement
Added 2.1 million new consumers to DTC in the quarter (versus 1.9 million last year); social media followers grew high single digits to over 68 million; full-price customer mix increased.
Cash Generation and Capital Returns
Approximately $650 million in free cash flow year-to-date and $500 million returned to shareholders year-to-date; $2.3 billion in cash & short-term investments and $1.2 billion total debt at quarter end.
Raised Fiscal 2026 Outlook
Company raised fiscal 2026 revenue guidance to high single to low double digits (from 5%–7%), expects foreign currency to benefit revenue by ~200–250 basis points and now anticipates full-year operating margin expansion of ~100–140 basis points.
Product & Category Strength — Core and High-Potential Categories
Core product (70%+ of business) sales grew low double digits; high-potential categories (women's apparel, outerwear, handbags) grew high teens and outpaced total company growth.
Brand Elevation & Marketing Impact
Holiday campaigns produced 2.9 billion global impressions; launched TikTok Shop in the U.S. (first always-on luxury presence); immersive pop-ups and Olympic/major event activations drove new customer acquisition and retention.
RL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 05, 2026 | $354.70 | $338.66 | -4.52% |
Nov 06, 2025 | $316.10 | $314.24 | -0.59% |
Aug 07, 2025 | $301.28 | $281.77 | -6.48% |
May 22, 2025 | $271.46 | $274.96 | +1.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ralph Lauren Corp (RL) report earnings?
Ralph Lauren Corp (RL) is schdueled to report earning on May 21, 2026, Before Open (Confirmed).
What is Ralph Lauren Corp (RL) earnings time?
Ralph Lauren Corp (RL) earnings time is at May 21, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RL EPS forecast?
RL EPS forecast for the fiscal quarter 2026 (Q4) is 2.47.
